New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-02-01
RETURN or JAY GOULD.

! OBSERVATIONS IN FOURTEEN sTATEs-BUsINrss
MPRoyIyG-THE INTERSTATE BILL
| Jay Gould arrived in New-York Sunday after
| absence Of three weeks spent in thorough IN
spection OF the Southwestern railroad system He
was at his Office In the Western Union Building
yesterday and nearly all day deeply immersed in
business When he was somewhat at leisure, hs
said to = TRIBUNE reporter; "a.
~ have been through fourteen States since lett
home. not to speak Of loo king the border into
Msxrco. | went tar Laredo. Mr.. Clark. whD
took Mr.. HoS es place, had not been over some Of
lines In Texas and part OF the trip was largely
for his benefit as general manager OF the system
EVERYWHERE Ia the West we found confidence and
prosperity the rule among business men. There is
something nearly approaching business boom at
the aud the talk among all classes confident
and courageous. The movement OF merchandise on
the Missouri Pacific is extremely large have DIS
patch from MIR. Clark in which Is given the movement
OF freight trans Saturday aud yesterday. On
Saturday il comprised 40 freight trains of 1885 ears,
increase of 220 trains and 3 $40 loads COMPARED
with the same day last year, ana yesterday there
moved Al freight trains containing 6,422 loads
increase of 1872 trains and 2,4lO loads over the
Same day last year. Our business is increasing in
about that proportion right along and the tact proves
better perhaps than anything can cay the hopeful
feeling throughout the West | find my return that
opinions here to be greatly mixed. to say the
least, and am little surprised at 1t after the
experiences OF the past three weeks
No, do not think that people III the West regard
the strike here as matter D! great IMPORTANCE AT
any rate they did pay much attention to
it. As to tho Interstate bill they hope to derive
great advantage rom IT, III IL ratner curious iact
that the people who will bc likely to suffer from
the practical operations OF the measure much moro
heartily in favor OF it han the people OF tho East.
know little about the probable of the President
but n dispatch shown to me just which stated
that three members of the Cabinet opposed it
and the others in favor OF it should thiak that
the chances about that the President might
sign veto it, 1t would make him very popular with
classes il he should send out ringing message
In objection to the bill There clause in it that
think Is plainly unconstitutional. because. while
Congress may have the right to regulate commerce
between the States, it have right TO delegate its
authority TO third party the commission that the bill
taplishes. believe this view will be maintained by
the courts when tho question comes before them.
There will be advantage deri, ed from the law II
the railroads will live strictly up its letter 1t will
be shown how utterly inadequate legislation is in
graphing with and regulations in transporta
ton that have grown up with the development Of our
railroad system If the railroad companies will closely
follow the law il will be repealed within 81 months
II they 10 do but try to evade it each for him.
set we II will be somebody To catch the hindmosIs
Mr. Gould said that he had no information whatever
In regard to tho reported telegraph line between
Chicago and New-iork.